Manhattan's Pennsylvania Station may be the busiest transport hub in North America, but it's hardly the most attractive—the destruction of the original, ornate, granite-and-marble Penn Station in 1963 caused massive outcry, and Anthony Bourdain has referred to the current underground maze as "the bowels of New York City." A new proposal, however, would look to raise the station's stature—literally.

Dubbed "The Halo," the 1,200-foot-tall structure proposed by AE Superlabs would be integrated into Madison Square Garden or the Farley Post Office building, which sits just one block west of the station. Planned as the biggest and fastest tower ride in the world, The Halo would offer 11 parallel tower rides with varying degrees of intensity to satisfy anyone from sightseer to thrill-seeker. On any of its five multi-colored rings, which represent New York's five boroughs, The Halo will also have transparent LED pixel screen “skin” that serves as an interactive display—think information about environmental advisories, live feedback from sporting events at MSG, or polling on relevant city issues.

But it will be more than just a ride: In details of their plan, AE Superlab notes the grand ambitions for The Halo: "This is New York’s high-tech version of the Eiffel Tower: a thrill ride taller than the Empire State Building, and an unforgettable icon on the skyline." According to Brooklyn Capital Partners, the group behind the project, the build ticket sales, pegged at $35 a ride, would generate between $25 million and $38 million annually. And while the plan to construct a million-dollar structure in the heart of Midtown is far-fetched, to be sure, renovation plans for Penn Station have been delayed for years. Maybe a roller coaster is just what it needs.